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Mixed-Use Seller Financing Avail 2226-2230 Whittier Blvd 21 Unit Apartment Building $3,650,000 ($173,810/Unit) 6.31% Cap Rate Los Angeles, CA 90023

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INVESTMENT HIGHLIGHTS

Boyle Heights Retail & Residential Investment Opportunity
$230,363 NOI | 6.31% Cap Rate | One Vacant Retail Unit
Just Minutes From DTLA Arts District and All Freeways

3-Story Building With 3 Retail Units + 18 Apartment Units
Heavy Pedestrian & Vehicle Traffic Location

EXECUTIVE SUMMARY

17,004 SF building consisting of 3 street-level retail units and 18 residential units. Includes 10 onsite parking spaces. Gross annual income of $366,803 with a net operating income of $230,363 (one vacant retail unit). Stable cash flow with growth potential. Seller financing available at 5% interest – contact broker for terms. Heavy pedestrian and vehicle traffic with strong retail visibility. Prime location near Downtown LA, the Arts District, and Little Tokyo. Built in 1913, zoned LA C2. Easy access to I-5, I-10, I-710, and SR-60, as well as Metro bus routes and the Soto Light Rail Station (E Line/Gold Line). Surrounded by local businesses, restaurants, and cultural landmarks. Excellent opportunity for investors seeking diverse income streams, attractive financing, and long-term appreciation potential.

2226 Whittier Blvd Sale OM

FINANCIAL SUMMARY (ACTUAL - 2024)	ANNUAL	ANNUAL PER SF
Gross Rental Income	$355,286	$20.89
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$355,286	$20.89
Taxes	$47,500	$2.79
Operating Expenses	$90,815	$5.34
Total Expenses	$138,315	$8.13
Net Operating Income	$216,971	$12.76

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual	$355,286
Annual Per SF	$20.89

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$355,286
Annual Per SF	$20.89

Taxes
Annual	$47,500
Annual Per SF	$2.79

Operating Expenses
Annual	$90,815
Annual Per SF	$5.34

Total Expenses
Annual	$138,315
Annual Per SF	$8.13

Net Operating Income
Annual	$216,971
Annual Per SF	$12.76

PROPERTY FACTS

Price	$3,650,000	Building Class	C
Price Per Unit	$173,810	Lot Size	0.22 AC
Sale Type	Investment	Building Size	17,004 SF
Cap Rate	6.31%	No. Stories	3
No. Units	21	Year Built	1913
Property Type	Multifamily	Parking Ratio	0.59/1,000 SF
Property Subtype	Apartment
Zoning	LA C2 - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Use

Price	$3,650,000
Price Per Unit	$173,810
Sale Type	Investment
Cap Rate	6.31%
No. Units	21
Property Type	Multifamily
Property Subtype	Apartment
Building Class	C
Lot Size	0.22 AC
Building Size	17,004 SF
No. Stories	3
Year Built	1913
Parking Ratio	0.59/1,000 SF
Zoning	LA C2 - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Use

UNIT AMENITIES

Kitchen

Refrigerator

Tub/Shower

Family Room

SITE AMENITIES

Public Transportation

PROPERTY TAXES

Parcel Number	5189-001-018	Total Assessment	$3,713,869 (2025)
Land Assessment	$1,392,699 (2025)	Annual Taxes	$47,500 ($2.79/SF)
Improvements Assessment	$2,321,170 (2025)	Tax Year	2024